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DHS Chief is Confronted With ProPublica Tape of Wailing…
Many of these families come from countries experiencing persecution and targeted violence, including Honduras and El Salvador. As a result, because children can not be held in criminal detention, there has been a subsequent spike in family separations.

As Trump Threatens $200 Billion in New Tariffs, China Rattles Saber

If it closes down, the blue-chip composite of 30 stocks would post its sixth straight daily loss - its longest sustained slide in 15 months.

The tariffs, which Trump wants set at a 10 percent rate, would be the latest round of punitive measures in an escalating dispute over the large trade imbalance between the two countries.

S&P 500 futures were off 0.6 percent, pointing to a another down day for Wall Street shares which slipped on Monday. London's FTSE 100 lost 0.4 per cent to 7,598.

Trump said if China increases its tariffs again in response to the latest USA move, "we will meet that action by pursuing additional tariffs on another $200 billion of goods".

China's heavily regulated economy also gives officials the option of tying up companies with tax, anti-monopoly or other investigations. The volatile Shenzhen fell nearly 6 percent, while the Shanghai Composite neared a two-year low.

"These actions cause the USA to lose credibility in the world's eyes, and harm the interests of U.S. and Chinese people and companies". Aerospace giant Boeing fell 3.4 percent and DowDuPont slipped 3.3 percent. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, is down by 3.8 basis points at 2.888 percent.

ASA is disappointed and highly concerned that trade tensions continue to ratchet up rather than deescalate between the two countries and that its repeated requests to the Administration for a non-tariff solution that does not threaten the market stability and livelihoods of soy growers has not been put forward.

The Dow Jones industrials are down 318 points, or 1.3 percent, to 24,668. Southeast Asian indexes were mostly lower.

Trump warned on Monday that Washington would impose a 10 percent tariff on $200 billion of Chinese goods after Beijing's decision to raise tariffs on $50 billion in USA goods.

Apparently, aware of the advantage he has in this trade war, Trump said his first measure - of imposing tariffs on $50bn worth of goods - was an initial step toward bringing balance to trade relationship with China.

The U.S. actions and planned retaliations are similar to those announced May 31, when Trump signed off on tariffs against steel and aluminum imports from Canada, Mexico and the European Union under Section 232 of the Trade Expansion Act.

Global markets slumped, with China-focused stocks hard hit.

Bond prices climbed as investors turned more cautious. The yield on the USA 10-year Treasury fell to 2.89 percent from 2.92 percent.

A preference for more domestically-focused USA sectors such as utilities and telecommunications showed investors trying to insulate themselves from a trade war, according to Jack Ablin, chief investment officer at Cresset Wealth in Chicago.

In a separate issue Monday evening, Senate Republicans pushed back against the Trump administration's lifting of sanctions on Chinese telecom firm ZTE, reinstating the penalties as part a defense bill.

Trump promised further tariffs if China retaliated against the US, including new tariffs on American goods, services and agricultural goods, raising non-tariff barriers or taking punitive actions against American exporters or USA companies doing business in China. China threatened to retaliate, leading Trump to seek broader penalties.

Global stock markets fell with USA bond yields and agricultural commodities on Tuesday, while the dollar rose and investors flocked to safety in the face of a rapidly escalating U.S.